Median loan-to-value ratio for mortgage sales in the United Kingdom 2016-2020

In 2020, the number of mortgage sales (PSD) in the United Kingdom (UK) stood at just over one million for the year. The median loan-to-value ratio in the United Kingdom for sales made in 2020 was approximately 73.5 percent. This meant that the average mortgage covered 73.5 percent of the property sales price, leaving the home acquirer to cover the remaining 26.5 percent with their own savings.

Product sales data (PSD) is collected by the Financial Conduct Authority (FCA) and includes new sales (including remortgages); transfers, top-ups, alterations (such as mortgage switches with the same lender). It does not include data on transactions made through fund supermarkets and nominee accounts (such as those used in platforms) and, increments and renewals are generally not included according to the source. In the United Kingdom all home finance providers are required to submit the mortgage PSD.